truthseeker1Many of the points you make I agree.
Bad rollout in Ontario and Quebec. Actually Ontario has poor leadership in the likes of Doug Ford (premier of Toronto). This guy is downright stupid and a loudmouth without substance. The recent rollout of 42 stores is being delayed because of a legal dispute. Good point but the Ontario Cannabis Store is on a ramp up. Still stupid leadership by a selfconfessed id!ot. Paint taken.
Overpriced weed is yet another excellent point. Caused by Aurora (Terry and Cam the clowns of cannabis). But that is Aurora's problem. They can give a 50% discount and still make money. Instead they are playing it out for cannabis 2.0. They think that oils and edibles are high value products. I believe that is correct to a point. Those guys are smoking the stuff and making poor decisions. I agree with you on that point.
Debt is your other point. That I agree with also but it does not apply to Zenabis. None of your arguments apply to Zenabis
But one point that you did not make and it is the truth is that the Rights Offering "offended" existing shareholders big time. I thought it was a greed play by management to frustrate some of their retail investors and screw them out of the opportunity with Zenabis. I entered the play late and cheap. Of that I am not proud and neither will I boast about my average price. Why? Existing and loyal retail investors were scared off and took a loss.
To be fair I hold the opinion that at THIS PRICE Zenabis is a steal and will go to great heights.
So much for Zenabis. Aurora is a takeover target and their management team is going to lose their cushy jobs. A big pharma is going to take out Aurora (think it will be Roche and they don't stand for sh!t